prof, investor, deep dives on markets and crypto. @adamscochran
Joined May 2020
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Taking longer than expected.
Have basically combined a number of side projects to be released in phases.
First phases are a little more light hearted and fun, and coming soon (TM)
These suspicious insider wallets are still open on their shorts.
Happened right before the government started liquidating its $BTC holdings.
While I think we’re near a bottom, the one thing that could change that is greedy insiders yeeting the coin to make a buck.
Bitcoin has dropped below $84,000.
Just before the market dropped, 4 newly created wallets deposited 1M $USDC into #Hyperliquid and opened 40x shorts on 148.49 $BTC ($12.5M).
Insiders?
hypurrscan.io/address/0x8738…
hypurrscan.io/address/0x5f6d…
hypurrscan.io/address/0x32b8…
hypurrscan.io/address/0x9c41…
If someone gets me a verified list of @AbstractChain XP by holder, I'll make sure the users are rewarded in my next project.
cc: @ppmcghee @Berko_Crypto - know you guys weren't on Abstract, but if you know who on that end can get us that data please connect us
The reason someone keeps putting up a massive phantom ask around $87k is to defend $90k
A *MASSIVE* liquidation cluster is there with minimal inventory before it.
If we can actually chew through $87k, you have a violent upside path to $100k+ easy.
Just needs some spot buying.
Bitcoin continues to have an inventory problem - which is bullish.
In a void, markets have an upward affinity.
Why?
For an obvious reason:
-To sell Bitcoin you need Bitcoin.
You can always get your hands on more cash through a number of methods, including credit.
You cannot get your hands on more spot Bitcoin.
So in a low volume environment, passive flow simply grinds up.
That has big flushes when it activates market maker inventory into the book, but then it grinds back up pushing non-covered shorts off side into liquidation cascades.
The amount of actual spot in the books has never been lower.
The amount of spot moving price action has never been lower.
And as BTC continues to consolidate into the hands of new long term buyers, more of that inventory is sidelined.
We've been basically a reflexive amplified S&P 500 the past few days during heavy price action, and then grind up in the quiet of the market.
This pattern is why it's such a better R:R than gold or the S&P 500 here - as long as you can manage your leverage.
The hell are you talking about?
You're all like mid-20s and the trenches are 90% broccoli headed twerps! 🤣
The reason projects don't feel exciting any more is the current PVP generation doesn't care about narrative and can't hold anything for more than 3 min.
It will change.
AdamOnFinance retweeted
First of these is in testing.
Probably drops next week.
Make sure to follow & drop an address (EVM) below if you want whitelisted.
Should be…chaotic! 😁
First of these is in testing.
Probably drops next week.
Make sure to follow & drop an address (EVM) below if you want whitelisted.
Should be…chaotic! 😁
Crypto didn’t grow because of PvP trenches.
It grew because nerds and rebels built PvE systems to take on banks and extractors in traditional markets.
The industry got dragged by grifters, but it’s starting to find its soul again.
We will remember we go further together.
